5 Great Reasons To Buy A New Construction Home

If you’re a home buyer in today’s real estate market, you’ve got some great options, with new construction homes being one of the best. Here are a few advantages of buying new construction homes:

1. Warranties — New construction homes include builder warranties that normally cover workmanship, materials, structure and mechanical systems for your new home. There may also be manufacturer's warranties on things like carpeting, heat and A/C systems, roof materials and home appliances. Repair or replacement on major home structural systems (flooring, plumbing, electrical, roof) and appliances will probably be covered for the first few years, thereby reducing your yearly/monthly maintenance costs.

2. Save Money with Energy Efficiency — Since home builders must comply with current energy conscious building codes, new construction home features — such as new technology heat and A/C systems; high tech, energy efficient windows/doors; and new home insulation methods and materials — may reduce your energy consumption and costs by as much as 50 percent over homes built before the current building codes were adopted. These upgrades translate to substantial savings in utility costs month to month and year to year.

3. Safety Factors — After the devastation of Hurricane Andrew in 1992, Florida adopted new building safety codes beginning the following year, with improvements in 2000 and 2002. New homes built today must comply with the latest mandated safety codes.  Wind safety design, emergency exits, smoke and carbon monoxide detectors, safer glass and wiring materials are some of the other modern building codes improvements, and all of these updates contribute to a safer environment for your family.

4. Modern Design — New homes give families modern, family friendly design and living features that complement the way we live in our homes today like:

• Lots of windows to utilize natural light
• Open, combined living spaces, such as a family/kitchen room combination, for maximizing the ability to spend time with friends and family
• Generous closets and storage to reduce clutter and make house cleaning easier and more efficient.

5. Incentives and Convenient Move-In Options – Given that the current home market is dominated largely by distressed property sales, and with the inconvenient timelines and condition disadvantages usually associated with foreclosure and short sale transactions, a new construction home purchase might be your family’s best option. Local builders carry "inventory homes" that are move-in ready for people who need to move quickly. Many new construction communities and builders are also offering attractive financing options, closing cost assistance, upgrades and other incentives to entice home buyers to buy now.  If you’re in a position to take advantage of these types of incentives, you really should consider doing so while they’re still available, while mortgage rates are still low, and before inventory levels change. 

NOTEWORTHY

Manatee/Sarasota County Parade of Homes runs from Feb. 19 to March 6.  Call your real estate professional today for a guided tour of some spectacular new construction homes and communities.